# G-III Apparel Group

> G-III designs, sources, markets and distributes apparel and accessories through more than 30 owned and licensed brands. Its portfolio includes DKNY, Donna Karan, Karl Lagerfeld and Vilebrequin. In September 2026 it acquired the Marc Jacobs operating business and half of a venture owning the brand’s intellectual property. Wholesale, direct retail, ecommerce and outbound licensing support the business, which reported approximately $2.96 billion fiscal 2026 net sales.

- **Founded:** 1956
- **Headquarters:** New York, United States
- **Founders:** Aron Goldfarb (Founder of the predecessor leather apparel business)
- **Products:** Apparel development and wholesale, Accessories and footwear, Brand licensing, Retail and ecommerce, Donna Karan New York relaunch
- **Notable:** Listed on Nasdaq since 1989 under GIII., Portfolio of more than 30 owned and licensed brands., Owned brands increased from 47% of sales in fiscal 2024 to 57% in fiscal 2026.

## Products & services

- **Apparel development and wholesale** — Outerwear, dresses, sportswear, suits, athleisure, denim and swimwear for owned, licensed and private-label collections.
- **Accessories and footwear** — Handbags, footwear, luggage, small leather goods and cold-weather accessories across the portfolio.
- **Brand licensing** — Licenses owned brands to selected partners in complementary categories and territories, and produces merchandise under third-party licenses.
- **Retail and ecommerce** — Brand stores and digital storefronts complement wholesale distribution.
- **Donna Karan New York relaunch** — Lifestyle collection relaunched in North America in spring 2024, drawing on the brand’s archives.
- **Marc Jacobs operating business** — Acquired in September 2026 alongside a 50% stake in the global IP venture with WHP Global.

## Achievements

- Listed on Nasdaq since 1989 under GIII.
- Portfolio of more than 30 owned and licensed brands.
- Owned brands increased from 47% of sales in fiscal 2024 to 57% in fiscal 2026.
- Completed acquisition of remaining Karl Lagerfeld interests in 2022.
- Completed Marc Jacobs operating-business and joint IP transaction in September 2026.

## Latest updates

- **2026-09** — Completed Marc Jacobs transaction September 1; G-III invested approximately $500 million, using cash and revolver borrowings.
- **2026-09** — Fiscal 2027 second-quarter sales were $554.1 million, down 10%; gross margin increased to 45.2%.
- **2026-09** — Raised earnings guidance; fiscal 2027 sales outlook of about $2.71 billion excluded Marc Jacobs and incorporated roughly $460 million of lost Calvin Klein and Tommy Hilfiger sales.
- **2026-03** — Reported approximately $2.96 billion fiscal 2026 net sales.

## Links

- Website: https://www.giii.com/
- LinkedIn: https://www.linkedin.com/company/g-iii-apparel-group/

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Published by YesPress — https://yespress.io
Last updated: 2026-10-22